What is MVP Capital VII (VCC) Inc.?
MVP Capital VII (VCC) Inc. (“MVP”) is registered as a venture capital corporation (a “VCC”) under the Small Business Venture Capital Act (the “SBVCA”). Under the SBVCA, VCCs such as MVP are established to make investments in an Eligible Small Business in accordance with the provisions of the SBVCA, and to provide business and managerial advice to the Eligible Small Business in which they make investments. The SBVCA also regulates the kind of Eligible Small Business in which a VCC can invest.